surieltobal

EUR/USD (CbdE) Bullish LONG TODAY in NY

Long
OANDA:EURUSD   Euro / U.S. Dollar
- After seeing how for approximately 3 days now the price has not stopped falling into deep setbacks to important low levels since the last Bullish impulse we had at the beginning of the Week.

- Today, if clearly the High Impact News does not harm the scenario we have for today, there are many statistical possibilities that we will begin to see changes in trends and a new phase of Development and Alcsite Impulse.

- If we look at today we have 2 (CbdE) in very important Temporalities such as the Temp of 1H and 15M, For them at least because of the important news to come today, We would be looking for the opportunity to enter into a purchase, seeking at least to mitigate or eliminate the closest Offer zone plus Elimination and taking liquidity from the last decreasing High that the price has been leaving us.

- Once the price reached the super important Demand zone we see how it manipulated but did not eliminate with the candle body the lowest lows below said zone, so we can still continue observing or using said zone as valid, while clearly not be eliminated with Strength.

- By taking the liquidity of said area we see how the price began to react to the Rise and caused us the first CbdE in Temp of 1H, which is very important, since since then we see how the price kept rising, creating a new High growing and as we begin to retrace we see that it did not eliminate the Low left before said Bullish impulse, which is very positive since we have Alcsite divergences and right now the price has just eliminated the growing High mentioned above, thus creating a new Confirmation zone where we might be waiting to buy.

IMPORTANT:

- Because we have high Impact news at 10:00 AM we cannot help but observe that the price can damage the entire scenario mentioned above, completely eliminating the probabilities of being looking for a shopping opportunity for today in NY .

- On the positive side, having 2 confirmation of change in structure (CbdE) in several important temporalities such as 1H and 15M after having Manipulated the Demand zone in taking liquidity, plus breaking the last Bearish trend line that we had, They leave us clear signals to be waiting for setbacks to key levels to Buy.

- After the price having created the first CbdE at the same time creating the 1st confirmation zone in Temp of 15M we see how the price respecting it once went to mitigate it, and now seeing how it created the 2nd CbdE leaving us the zone that we expect to enter to the market which would be the 2nd confirmation zone, we see that it left us a clear Ordec Block in Temp from 3M which we hope that the price will once again give us the opportunity to enter into a purchase.

- The Bullish objectives for today are several. Our first objective is to eliminate the increasing High that the price will leave us when it begins to retreat, Plus the decreasing High of the Previous trend in which we were, in addition to a possible elimination of the closest Offer zone, and higher up we would have levels to take into account such as those found in the 2 Ordec Block in Old Breaks And lastly, eliminate the increasing High of the Week.

EYE:

- The objectives mentioned above are specifically among the several key levels that would be the following.

- High growing Still?
- High decreasing 1.05944
- Offer Zone removed 1.06069
- 1st Ordec Block in break 1.06200 and 1.06361
- 2nd Ordec Block at break 1.06634 and 1.06745
- Elimination of the increasing High of the week 1.06910

- Everything mentioned above would be invalidated if the key levels between 1.05304 and 1.05252 are clearly eliminated.

- We have to be careful with the high Impact news that we have at 10 AM since it can change the entire aforementioned scenario.

- It is also worth noting that the price can continue and go directly to eliminate 1 or even 2 of the objectives mentioned above, which would be the decreasing High, Plus the supply zone.

- In addition, we would have to take into account that once the price begins to recede, a scenario may arise in which it does not manage to mitigate the Ordec Block that created us in Temp from 3M. Instead, it can only recede to the intermediate zone that leaves us between 50 and 61% of the bullish momentum, in which Aun is in force.

- Finally, we must look at whether the offer zone, in case the price goes directly towards it, before retreating. If it is not clearly eliminated, instead it is only Manipulated, it may be that said zone is good and which is validated. With the help of the pending news, the price can use it to begin to continue seeing bearish developments, thus causing the elimination of the key levels mentioned above, which would invalidate the direction of the year.
Comment:
📊📉Update, we have just been presented with a scenario to sell.

After mitigating the supply zone, it retreated, leaving us with a new growing low, validating it later with the elimination of the growing High that mitigated said zone. Continued bearish CbdE created a Confirmation zone in Temp of 3M

You can take this Trade with 0.5% risk in search of the price to recede or develop to the Bullish scenario area that we are waiting for.
Comment:
📊Sell Stop EUR/USD

🟢Entry: 1.05880
❌Stop: 1.05950
🟡Tp-1: 1.05764
🟣Tp-2: 1.05648
🔵Tp-3: 1.05446

If the Upside eliminates 1.05955 and 1.06000 we deactivate the Trade
Comment:
Trade deactivated, it has been more than 15 minutes and has not shown any sign of strong weakness, in addition to eliminating the 1.05955

📊Lesser quantity = better Quality
On Monday we have another new week
Patience pays🥳
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